Price has completed an Upward 5 Wave Sequence structure (Wave 1) and a 3 Wave downward Correction structure (Wave 2), now we have the Wave 3 coming up which is the Wave to surf!!! We see that Wave 2 has retraced Wave 1 by 61.180% and that is the rule for retracement of Wave 2 as per the Elliott Wave Theory. Wave 3 as per Fibonacci Extension levels...
#TATAMOTORS has broken out of the resistance after about 8.4 Years and it has been consolidating just above resistance since last more than 130 days. I don't think that the rally is finished yet. It is easily a 4 digit stock i.e. ₹1000 per share. Don't fade this rally.
Very strong buy back candle on #RECLTD I think it still has some juice left. A weekly candle close below that dotted line will be my SL.
We have this Source Demand formed @ Rs. 6381.45 in Quarterly and we also have a Strong Supply formed @ Rs. 7750.00. Price has to come into the Demand hence it needs to travel downward, after reaching the Source Demand "if the source demand has the power to reverse the Trend till opposite fresh Supply price will first show a buying momentum building in the...
Wave 1 and 2 complete Wave 2 has retraced Wave 1 by more than 80% and less than 100% which suffices the Wave 2 retracement rule by Elliott Wave Theory. Wave 3 extends a minimum of 161.80% 0f the Wave 1 hence Target derived for the Wave 3. This is the Wave i.e. Wave 3 which every trades aspires to get in as this is the Wave where the profits are...
Monthly Demand is formed and Price in lower timeframe has retraced into the Demand, This Daily Demand has coincided into the Monthly Demand hence a valid Trade with defined risk.
In the midst of market turbulence, PAYTM takes center stage as we observe panic selling, juxtaposed with the intriguing stability provided by a weekly order block. In this analysis by NEOALGO, we explore the dynamics influencing PAYTM's current trajectory and the possibility of a noteworthy shift. The prevailing panic selling sets a challenging tone, but the...
PONNI SUGAR BUY BUY and HOLD TGT UPTO 600 fundamentally strong Technically strong So be mentally strong to hold
BUY ABOVE - 45110 SL - 44900 TARGETS - 45330,45500,45800 SELL BELOW - 44900 SL - 45110 TARGETS - 44610,44430,44270 NO TRADE ZONE - 44900 to 45110 Previous Day High - 45110 Previous Day Low - 44430 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Technically the stock looks good. There are multiple confirmations for the same. The reasons are stated below : stock is in a uptrend and corrected till the 0.618 zone (golden zone) 50EMA support in daily TF created a 'W' pattern a strong bullish engulfing candle on a crucial zone (engulfed 4 daily candles) Stock could easily move unto 193-198.65 levels...
Adani Ports is forming a Symmetrical Triangle on Daily Time Frame Entry is above 761.30 Stop Loss is at 657.05 Target is 1215 (Please note that entry & stop loss is on candle closing basis) This View is purely based on Technical Analysis and is for educational purposes only.
NSE:SOUTHBANK South Indian Bank Limited is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 871 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500 ATMs and 91 Cash Deposit Machines NSE:SOUTHBANK
KUANTUM PAPERS BUY BUY.. today JAI SHREE RAM special one.. Enjoy the profit.. only diamond hands can make consistent profit in stock market
greaves cotton looks good with support tested after testing support at 120 two times. If markets are bullish can reach first resistance according to triangular pattern. only investment script not suitable for intraday trading or even MTF holding. thank you.
Jk papers buy buy buy Super strong technically Super strong fundamentally Enjoy
Long term Trendline broken Consolidation in Range on Daily TF since 7th Dec Consolidation near buyers Zone when we see data for past few months
Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives. Company has reduced debt. Stock is trading at 0.92 times its book value Company is expected to give good quarter Company has delivered good profit growth of 31.1% CAGR over last 5...
Dreamfol good strong stock... watch out in coming weeks....